Bulgaria’s caretaker cabinet approved a report on the implementation of the state budget for the first 9 months of 2021. At the end of September, the fiscal surplus exceeded EUR 500 million. According to this country’s Ministry of Finance, revenue collection is going according to plan. However, the planned capital expenditure is lagging behind schedule. It amounts to EUR 61 million, whereas the planned capital expenditure is to the tune of EUR 1.2 billion.
Pension expenditure increased by nearly EUR 450 million, due to the monthly supplements paid to all Bulgarian pensioners. Health expenditure is also higher and is due to the coronavirus pandemic.
The war in Ukraine and soaring inflation have not prevented people to travel abroad. Foreign nationals, mostly from the European Union and the Balkan countries book cheap flights to spend a weekend in Bulgaria’s capital city Sofia...
The European Commission has already given the green light to Bulgaria’s Recovery and Resilience Plan. Now, the European Council should finally endorse the plan. The procedure will take about one month and is expected to end in the beginning of May,..
We have a very serious communication problem with the state, the reasons for which are unknown, say representatives of the branch organisation of poultry farmers in Bulgaria, trying to define the problems which have accumulated in the sector. The..
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